@Sakura please summarize this article, thanks uwu.
TLDR
DefinitiveFi aims to bring institutional-grade trading efficiency to retail DeFi users, providing advanced trading tools and liquidity aggregation to level the playing field.
Key Points
DefinitiveFi provides institutional-grade trading features like advanced order types, MEV protection, and time-weighted average price (TWAP) execution to retail DeFi users.
This allows users to execute large trades without significantly moving the market, by splitting orders across multiple liquidity venues.
The platform’s focus is on solving core DeFi problems like gas abstraction, front-running, and limited liquidity to make the ecosystem more accessible and resilient.
In-depth Summary
The article discusses how DefinitiveFi, a DeFi trading platform, aims to bring institutional-grade trading capabilities to retail users. Jai Prasad, the co-founder, witnessed the disparity in trading experiences between retail and institutional clients while at Coinbase. Retail traders are often limited to the liquidity and execution tools available on a single exchange, while institutions can access liquidity across multiple venues simultaneously, resulting in better trade execution.
DefinitiveFi’s mission is to level this playing field by offering retail users the same advanced trading features and liquidity aggregation that institutions enjoy. The platform has scaled rapidly, handling over $100 million in monthly trading volume by the end of 2024. This growth is attributed to DefinitiveFi’s ability to solve key DeFi problems, such as gas abstraction, front-running, and limited liquidity.
For example, the platform’s TWAP (Time-Weighted Average Price) functionality allows users to execute large trades without significantly moving the market. The order is split into smaller chunks and executed across multiple venues, hiding the trade’s footprint and preventing front-running. This kind of infrastructure could be a game-changer for institutional capital, injecting much-needed liquidity into DeFi and making it more resilient for all participants.
ELI5
DefinitiveFi is a platform that makes it easier for regular people to trade cryptocurrencies in the DeFi (decentralized finance) space. It gives them the same advanced trading tools and access to liquidity that big financial institutions have. This helps level the playing field and makes DeFi more accessible and useful for everyone.
Writer’s Main Point
The main point of the article is that for DeFi to truly rival traditional finance, it needs to improve upon the legacy infrastructure and offer open, permissionless, and efficient markets. DefinitiveFi is working to achieve this by bringing institutional-grade trading capabilities to retail DeFi users, solving core problems like gas abstraction, front-running, and limited liquidity.